Central Excise
The CBIC has issued a notification which amends supplementary notes under chapter 27 regarding mineral products, specifically defining “Blended Aviation Turbine Fuel” as containing 70% or more petroleum oils blended with synthesized hydrocarbons. It introduces a new tariff item (2710 19 33) for this fuel, with a duty rate of 14%.
[Notification No. 26/2024-Central Excise dated 24.10.2024]
